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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
Mar 06, 1973
Page
10
New York market tally shows a wide mix of gains and losses across many blue chips and utilities. Investors monitor price shifts in Dresser, Eastman Kodak style leaders, and a broad set of industrials as a final session before closing figures.
The article profiles 3M Company of St. Paul showing one third of its 2.1 billion annual sales come from overseas. It highlights Dieckmann, a former coal miner in Germany, rising to foreman at a 3M plant and supporting a daughter in college, illustrating the social impact of international operations.
Selected stocks on the American Stock Exchange list varied daily with many entries showing last prices, net changes, and percentage movements. Notable names include Brascan, Dome Petro, Frontier Air, Gen Cine, Kaiserind, Telepromp, TWA, and Yates Indus among others, reflecting mixed gains and losses in a volatile session.
Milwaukee cattle prices show gains for good to choice steers and heifers with dairy and utility cows steady to lower while calves weaken. Hogs rise with lightweight and top quotes. lambs steady to higher on good to choice grades. Minnesota securities index closes near year end with mixed sector moves.
Three directors were elected at the 11th annual meeting of the La Crosse Rubber Mills Employes Credit Union. Henry Buehler was named president joining Viola Pfaff and Mary Shawley on the board for three-year terms. Total membership 1,136 with assets of 287,281.91 dollars. Loans to 324 members total 269,004.02 dollars and a five percent dividend was paid. Other officers and committees named. San Diego report: Lewis Walker dies at 75, father of Illinois Governor Daniel Walker.
J C Penney Company reports record net earnings for the fiscal year ending January 27 totaling 162.6 million dollars, a 19.8 percent increase. The New York AP dispatch notes the department store chain ranking as the nation's fourth largest retailer.
Eighty-one Clark gasoline dealers file antitrust suit in U.S. District Court alleging price fixing and other marketing practices by Clark Oil and Refining Corp. The action covers Illinois, Indiana, and Wisconsin and claims more than 1,800 Clark station operators across 12 states are affected.
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